Purple Innovation, Inc. financial data

Symbol
PRPL on Nasdaq
Industry
Household Furniture
Location
4100 N. Chapel Ridge Rd, Suite 200, Lehi, UT
State of incorporation
DE
Fiscal year end
December 31
Former names
Global Partner Acquisition Corp. (to 2/2/2018)
Latest financial report
10-K - Q4 2024 - Mar 14, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 137 % -8.57%
Quick Ratio 67.4 % -12.8%
Debt-to-equity 656 % +324%
Return On Equity -217 % -180%
Return On Assets -28.8 % +3.2%
Operating Margin -18.9 % +15.2%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 58.5M USD -61.9%
Common Stock, Value, Issued 11K USD +37.5%
Weighted Average Number of Shares Outstanding, Basic 107M shares +3.41%
Weighted Average Number of Shares Outstanding, Diluted 107M shares +3.26%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 488M USD -4.44%
Cost of Revenue 307M USD -9.44%
Research and Development Expense 13M USD +8.94%
Selling and Marketing Expense 171M USD -6.06%
General and Administrative Expense 69.1M USD -18.2%
Operating Income (Loss) -92.2M USD +18.9%
Nonoperating Income (Expense) 7.57M USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -98M USD +19.1%
Income Tax Expense (Benefit) 63K USD +688%
Net Income (Loss) Attributable to Parent -97.9M USD +18.9%
Earnings Per Share, Basic -0.91 USD/shares +22.2%
Earnings Per Share, Diluted -0.91 USD/shares +22.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 29M USD +8.02%
Accounts Receivable, after Allowance for Credit Loss, Current 33.1M USD -12.6%
Inventory, Net 56.9M USD -15%
Other Assets, Current 1.41M USD -18.6%
Assets, Current 126M USD -10.9%
Property, Plant and Equipment, Net 93.9M USD -27%
Operating Lease, Right-of-Use Asset 75.5M USD -21.1%
Intangible Assets, Net (Excluding Goodwill) 8.89M USD -59.9%
Goodwill 6.9M USD
Other Assets, Noncurrent 3.2M USD +45.9%
Assets 308M USD -21.2%
Accounts Payable, Current 40.6M USD -18.4%
Employee-related Liabilities, Current 9.42M USD +85.9%
Accrued Liabilities, Current 506K USD
Contract with Customer, Liability, Current 6.41M USD +12.1%
Liabilities, Current 101M USD -8.99%
Operating Lease, Liability, Noncurrent 87.1M USD -20.2%
Other Liabilities, Noncurrent 2.01M USD -10.1%
Liabilities 288M USD +4.59%
Retained Earnings (Accumulated Deficit) -574M USD -20.6%
Stockholders' Equity Attributable to Parent 20.2M USD -82.5%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 20.2M USD -82.5%
Liabilities and Equity 308M USD -21.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -16.8M USD -24.5%
Net Cash Provided by (Used in) Financing Activities 27.5M USD -6.27%
Net Cash Provided by (Used in) Investing Activities -3.1M USD -0.07%
Common Stock, Shares, Issued 1M shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 12.8M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 29M USD +8.02%
Deferred Tax Assets, Valuation Allowance 327M USD +7.53%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0 pure -93.8%
Deferred Tax Assets, Gross 327M USD +7.53%
Operating Lease, Liability 103M USD -17.1%
Depreciation 31M USD +57.4%
Payments to Acquire Property, Plant, and Equipment 3.04M USD +3.23%
Lessee, Operating Lease, Liability, to be Paid 125M USD -19.1%
Property, Plant and Equipment, Gross 176M USD -3.08%
Operating Lease, Liability, Current 15.7M USD +5.51%
Lessee, Operating Lease, Liability, to be Paid, Year Two 20.6M USD -2.86%
Lessee, Operating Lease, Liability, to be Paid, Year One 21.4M USD +4.52%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Deferred Income Tax Expense (Benefit) -14.5M USD -103%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 22.6M USD -27%
Lessee, Operating Lease, Liability, to be Paid, Year Three 18M USD -9.25%
Deferred Tax Assets, Operating Loss Carryforwards 82.1M USD +31.3%
Preferred Stock, Shares Authorized 5M shares 0%
Unrecognized Tax Benefits 1.05M USD +11.2%
Lessee, Operating Lease, Liability, to be Paid, Year Four 17.7M USD -9.92%
Operating Lease, Payments 3.69M USD +8.31%
Additional Paid in Capital 589M USD +17.4%
Preferred Stock, Shares Outstanding 1M shares
Depreciation, Depletion and Amortization 6.38M USD -7.28%
Share-based Payment Arrangement, Expense 2.82M USD -42.3%
Interest Expense 6.24M USD +130%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%